Elumelu Foundation lauded for supporting entrepreneurs

President Uhuru Kenyatta has praised an African founded and funded philanthropic organization for empowering young entrepreneurs in the continent.

The President said the Tony Elumelu Foundation was doing a good job supporting growth and welcomed the selection of 74 entrepreneurs from Kenya as this year’s members of the 4th cohort of the foundation’s entrepreneurship programme.

“It is a great thing to see Africans coming out forcibly to build to Africa through initiatives such as this. Our continent is endowed with massive resources; we do not have to always rely on support from elsewhere,” Kenyatta said.

President Kenyatta was speaking at State House, Nairobi, when he met Tony Elumelu, the chairman of the United Bank for Africa who is also the founder of the foundation that project to empower African budding entrepreneurs.

“Our objective is to create over one million jobs and add $10 million in revenues to Africa’s economy over our ‘decade of entrepreneurship’ which started in 2015,” Elumelu said during the meeting with the President.

The 74 entrepreneurs from Kenya are part of a group of 1,000 entrepreneurs selected from 150,000 applications from the 54 African countries.

CHANNELS TV

TVC NEWS

AIT

ABOUT NIGERIAN ORACLE

A forum to challenge status quo in Nigeria, Instigate a Mental Revolution and cause change that starts with self. Plus we keep you updated with latest news as it breaks.
We invite you to send in your comments, videos, articles etc.... Be a part of this Revolution.